Many estate planning attorneys make it a point to educate their prospective clients about the fundamentals of estate planning. This is true whether or not the prospective clients already have an estate plan because often times even people who already have an estate plan have no idea what it says or means.
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Many people believe that having an estate plan simply means drafting a will or a trust. However, there is much more to include in your estate planning to make certain all of your assets are.
Drawing up the proper documents, establishing a medical power of attorney and tax planning will ensure that you and your assets are cared for when you die.
Nearly 6 in 10 U.S. Adults Don’t Have a Will Parents of Children Under 18 Even Less Likely to Have Wills SAN MATEO, CA – Feb. 6, 2017 – Only 42% of U.S. adults currently have estate planning documents such as a will or living trust, according to a new Caring.com report.
The Essential Documents Every good estate plan is built upon a foundation of essential estate planning documents. learn about these essential documents, including advance medical directives and living wills, powers of attorney, revocable living trusts, and last will and testaments.